Baltimore Seagirt Terminal to Close for Remainder of Day – Tuesday, November 7, 2017

Shapiro has received multiple reports that Baltimore’s Seagirt Marine Terminal has ceased operations for the remainder of the day today, Tuesday, November 7th due to crane operators walking off the job. There has been no further information released regarding the

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19th National Congress of the Communist Party Likely to Cause Cargo Delays in Shanghai and Tianjin

The 19th National Congress of the Communist Party, a gathering of China’s top delegates that occurs twice a decade, will commence in Beijing on Wednesday, October 18th and is expected to last one week. In preparation for the meeting, security

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Hurricane Irma Update

In light of Irma’s changing trajectory and weakened condition, there are a number of updates to the information released in last Friday’s Shap Flash.  Please note the following: Port of Charleston is open and operating normally. Port of Savannah is

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Irma Threatens Supply Chains Across the U.S.

The most recent forecasts for Hurricane Irma now predict the Category 5 storm will make landfall in Florida tomorrow morning, after which Irma is expected to continue her trajectory, diminishing in size and severity throughout her journey along the Southeast

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Hurricane Irma Update

Hurricane Irma,  a Category 5 hurricane with winds consistently exceeding 180 MPH, making it the strongest hurricane to ever originate in the Atlantic, made landfall in the Caribbean yesterday and is already reported to have caused 9 deaths and millions

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Houston and Gulf Coast Ports Expected to Resume Operations by Labor Day

Despite the destructive wake of Hurricane Harvey, which was officially classified as a Category 4 hurricane, the majority of affected Gulf Coast ports are hoping to resume normal operations by Labor Day. Though the Coast Guard has already reinstated partial

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Houston, A Crippled Transportation Hub

Based almost exclusively on the historical levels of flooding in the aftermath of Hurricane Harvey, all major components of Houston’s vast transportation gateway are closed and inoperable. George Bush Intercontinental Airport (IAH), The Port of Houston, and all major rail

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2017 BRICS Summit in Xiamen Likely to Cause Congestion and Delays

The 9th annual BRICS (Brazil, Russia, India, China and South Africa) Summit, which is touted as a major international relations event that brings in top officials from each member nation, is being hosted in Xiamen, China this year. The 2017

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PierPass and WCMTOA Implement August 1 TMF Increase

PierPass, a non-profit company that seeks to create greater port efficiency and sustainability, and the West Coast Marine Terminal Operator Agreement (WCMTOA) have announced an increase to the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long

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COSCO Likely to Acquire OOCL for $6.3 Billion

COSCO Shipping has paired with Shanghai International Port Group (SIPG) in a consolidated effort to purchase Orient Overseas International Ltd. (OOIL), the holding company overseeing Orient Overseas Container Line (OOCL). The proposed deal would pay OOIL $10.07 per share, which

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